Treasury to Suspend Sales of State and Local Government Series Securities

FOR IMMEDIATE RELEASE

December 6, 2017

WASHINGTON, D.C. –The U.S. Department of the Treasury’s Bureau of the Fiscal Service (Fiscal Service) announced today the suspension of sales of State and Local Government Series (SLGS) nonmarketable Treasury securities, effective 12:00 noon Eastern Standard Time (EST), December 8, 2017, until further notice. This suspension is necessary due to the statutory debt ceiling and will assist Treasury’s management of the debt subject to the limit.

The suspension applies to demand deposit and time deposit securities. Subscriptions for SLGS received by the Fiscal Service prior to 12:00 noon, on December 8, 2017, will be issued on the date requested. New subscriptions for SLGS will not be accepted during the suspension.